Paragraph 55

In Part 15 of ITA 2007 (deduction of income tax at source), after section 888D insert—

“Payments of interest by a QAHC

888DA

The duty to deduct a sum representing income tax under section 874 does not apply to a payment of interest (however the interest arises) by a QAHC (within the meaning of Schedule 2 to FA 2022).”